Holy crap. This is a huge win for the area. Not only are you going to have a place where chips will be built, which is what the current building was going to do, but now add the other nanometer chips, R&D as well as the packaging? Packaging used to be shipped overseas to complete. Now it's staying here in the USA. Hutto is already busting at the seams. Now add this? Taylor and Hutto are going to wind up on top of each other.Quote:
WASHINGTON (AP) The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.
The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. The government support comes from the CHIPS and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving the production of advanced computer chips domestically.
"The proposed project will propel Texas into a state of the art semiconductor ecosystem," Commerce Secretary Gina Raimondo said on a call with reporters. "It puts us on track to hit our goal of producing 20% of the world's leading edge chips in the United States by the end of the decade."
Raimondo said she expects the project will create at least 17,000 construction jobs and more than 4,500 manufacturing jobs.
Samsung's cluster in Taylor, Texas, would include two factories that would make four- and two-nanometer chips. Also, there would be a factory dedicated to research and development, as well as a facility for the packaging that surrounds chip components.
https://apnews.com/article/samsung-chips-computer-semiconductor-2a34bde47a857ae07fc83142c3cc8390